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The total population of Loami is estimated to be 1,035 with 589 males (56.91%) and 446 females (43.09%). There are 143 less females than males in Loami.
The median household income in Loami was $56,072 in 2021, which marked an a decrease of 5,307(8.65%) from $61,379 in 2020. This income is 75.16% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Loami sees its highest median household income among householders in the age group of 45 to 64 years old, at $74,313. Overall, the median household income for the village of Loami stands at $56,072.
In Loami, the median income for all workers aged 15 years and older, regardless of work hours, was $31,199 for males and $28,866 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $46,390 for males and $35,805 for females.
In Loami, there are just two different racial groups among households. Among these, White households report a median household income of $56,523, while Two or More Races households have a median household income of $43,912.
In 2022, the population of Loami was 801, a 0.74% decrease year-by-year from 2021. Previously, in 2021, Loami's population was 807, a decline of 0.37% compared to a population of 810 in 2020.
The median age in Loami, IL is 29.1, as per 2021 ACS 5-Year Estimates. Of the total population, 21.28% were under the age of 15, 30.00% aged 15 to 29, 41.06% aged 30 to 64, 6.81% aged 65 to 84, and 0.85% were 85 years of age and older.
Racial distribution of Loami population: 96.28% are White, 1.06% are Black or African American, 0.11% are American Indian and Alaska Native, 0.53% are Asian and 2.02% are multiracial.